MTAR Technologies Receives Amended Purchase Order
The amended commercial value was stated in rupees as Rs 31,000.9 mn after conversion from the reported figure of Rs 3,100.09 Crores. The earlier value was reported as Rs 22,789.6 mn from Rs 2,278.96 Crores and the incremental addition was reported as USD 85.86 mn, equivalent to Rs 8,199.4 mn from Rs 819.94 Crores.
The disclosure indicated that the contract amendment arises from an order from an existing customer and that the time period for execution will be decided later. The company cited compliance with the applicable SEBI master circular and provided the details for the information and records of the exchanges; the customer name was withheld owing to confidentiality provisions.
The filing was executed by the company secretary as the authorised signatory for MTAR Technologies Limited and was submitted pursuant to the listing obligations and disclosure requirements. The amendment increases the previously disclosed order value by USD 85.86 mn and the exchange filing was provided to ensure regulatory transparency and record keeping.